11-Unit Apartment
For Sale
$540,000
17 W 4th Street, Atlantic, IA 50022
COMMERCIAL - Atlantic, IA
Property SizeContact for details
Days on Market174
Property Features for 17 W 4th Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning
Residential-Multi-Family
Parking features
On Street
Basement
Unfinished, Full
Appliances
Range, Refrigerator
Directions
From HWY 6 thru Atlantic, turn onto Poplar St. In 0.2 miles, turn onto W 4th St. & the property is the second building on the right.
Standard status
Active
APN
303005357001000
Taxes and HOA fees
Tax Year
2024
Tax Description
E 70' N 15' Lot 20 & M 1/3 21-22-23-24 Block 28
Tax Annual Amount
3536
Legal Description
E 70' N 15' Lot 20 & M 1/3 21-22-23-24 Block 28
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1940
Number of units
11
Flooring type
Vinyl, Carpet
Building materials
Brick
Roof type
Rubber
Listing Agency:
Audubon Real Estate
(712) 563-2407
Listed By:
Tracey Armentrout
(712) 304-0157
Added: Feb 27
Changed: Aug 19
Last Checked: Aug 20 at 7:06AM
MLS# 6335998
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story brick apartment property contains 11 units arranged as 8 one-bedroom apartments, 2 two-bedroom apartments, and 1 three-bedroom apartment. Five units are occupied, three are rent-ready, and three are undergoing remodeling. Work completed in vacant units includes new paint, flooring, and general maintenance, while common hallways are receiving updated paint and linoleum flooring.
Each apartment is equipped with a refrigerator and range. Heating is provided by forced-air systems, with some apartments sharing heat and others using separate systems. Cooling varies by unit; certain apartments have window air-conditioning units, while others rely on tenant-supplied equipment. The property was built in 1940, uses a rubber roof, receives public water, and offers on-street parking. It is located at 17 W 4th Street in Atlantic, Iowa, and is zoned Residential-Multi-Family.
Each apartment is equipped with a refrigerator and range. Heating is provided by forced-air systems, with some apartments sharing heat and others using separate systems. Cooling varies by unit; certain apartments have window air-conditioning units, while others rely on tenant-supplied equipment. The property was built in 1940, uses a rubber roof, receives public water, and offers on-street parking. It is located at 17 W 4th Street in Atlantic, Iowa, and is zoned Residential-Multi-Family.
Key Highlights
- 11 units: 8 one‑bedroom, 2 two‑bedroom, and 1 three‑bedroom apartment
- Five units occupied, three rent‑ready, and three currently being remodeled
- Vacant units updated with paint, new flooring, and general maintenance
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
Explore this area
Business Placement
Demographics for 50022, IA
8,052
Population
4,097
Households
2
Avg Household Size
45
Median Age
25%
College-Educated
93%
High-School Grad
172.5 sq mi
ZIP Area
47
Density / Sq Mi
$61,347
Median Household Income
$38,680
Median Earnings
$763
Median Rent
$145,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story brick property with varied layouts, refreshed interiors, and ongoing apartment renovations.
Where is this apartment building located?
The property is located at 17 W 4th Street Atlantic, IA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 11 units: 8 one‑bedroom, 2 two‑bedroom, and 1 three‑bedroom apartment; Five units occupied, three rent‑ready, and three currently being remodeled; Vacant units updated with paint, new flooring, and general maintenance
